The Amtrak board is to announce this week that CEO Richard Anderson is being replaced by William Flynn, who has a background in both air and sea logistics and railroading. Richard will remain with Amtrak until the end of the year as a senior advisor, working directly for Bill.
We have a strong foundation to build upon because you built it. The company invested in the Hudson Tunnels in New York to repair damages caused by Hurricane Sandy in 2012 and to replace the century-old Portal Bridge in New Jersey. “In order for us to be a reliable service provider to people all over the country, we have to be able to run on time.”. The rate of customer incidents went down 26% and there was a 72% reduction in serious employee injuries, he says. Allison Hagan adapted it for the web. Site Maintained by John Russell Jones Graphics & Design, Following a planned executive succession process undertaken by the Board of Directors, I am pleased to announce that William J. Flynn will become Amtrak’s next Chief Executive Officer and President. The mission of TRA has evolved into a broader educational and informational resource that covers both freight and passenger rail issues in Texas and the Southwest. While concentrating his efforts on the Northeast Corridor, Anderson paid scant attention to the needs of the Western network trains, with no aggressive plans to replace aging equipment. “We aren't talking about the really big infrastructure issues and transportation congestion issues that all the people in this country want a solution for.”. Anderson says there were no employee or customer deaths this fiscal year. Allison Hagan Twitter Digital ProducerAllison Hagan is Here & Now's freelance digital producer. “We can't put all those cars on the road. © 2020 Texas Rail Advocates.
We have record ridership, record revenue – and in 2020, we are on track to achieve operational breakeven for the first time in our 49-year history. A series of high-profile crashes prompted the company to crack down on safety.
For example, the company would run a nonstop train from Boston to New York, a train that makes a handful of stops in-between and a train that stops at almost every station on the route, he says. “Where we want to be as America's railroad is to cover all of our operating costs through our revenues,” he says, “and then use the grant that we receive from our owners, the United States government, to invest in the infrastructure, the rail infrastructure across America.”. Amtrak’s finances have been improving in recent years but Anderson did not do well working with Congress, rail unions and according to sources, employee morale was extremely low. On behalf of the entire Board, we thank you for everything you do for the company. Mr. Flynn would be the third CEO with a transportation background to steer the helm at Amtrak in the past three years. Think l…, Majority of Texans in survey: We want intercity and urban passenger rail service, 2019 Texas Legislature and Federal Committee Rail Bills, Dallas Union Station Centennial October 17, 2016, Proposed rail trade corridor would link Mazatlán port with Winnipeg, Canada, through Texas, OminTRAX expands Valley “Rail-Ready” sites, gets fed improvements at Port of Brownsville, Governor’s confusion about Texas high-speed rail illustrates project’s complexity, Austin’s Project Connect: What to know about the proposed $7.1B public transit plan. Bill is a dynamic and proven leader. Anderson, who also formerly served as CEO of Delta Air Lines, says it’s difficult for Amtrak to become profitable because the company has a backlog of debt from investments in infrastructure. Last week, the company reported an operating revenue of $3.3 billion for fiscal year 2019 — a 3.6% increase over the last year. Texas Rail Advocates is a 501(c)3 not for profit grass roots organization. “Our biggest challenge is I go testify in Congress and all we talk about is French toast on dining cars or food,” he says. “We are only going to have more road congestion. .
Jeremy Hobson Twitter Co-Host, Here & NowBefore coming to WBUR to co-host Here & Now, Jeremy Hobson hosted the Marketplace Morning Report, a daily business news program with an audience of more than six million. On top of growing ridership and cutting losses, the company made notable safety improvements. Amtrak has between a $30 billion to $40 billion backlog of investments on infrastructure, Anderson says. And, the Board fully supports you. Senators and national rail advocates that succeeded in stopping the CEO’s plan.
Anderson says he thinks the numbers reflect Amtrak employees’ dedication to the company’s mission and statutory obligation. And Amtrak is the best environmental answer.”. To meet this need, Anderson says the company plans to offer more differentiated products on the same line, a system used in “much more developed, well-operated passenger rail systems” like in Europe and Asia. We want to continue the modernization of Amtrak that started four years ago with Wick Moorman, and then accelerated under Richard Anderson. “There's just not been real investment in rail in America,” he says, “or a sufficient investment in Amtrak.”. We have a clear plan. At CSX Transportation, Flynn was Senior Vice President -Strategic Planning and also had held the position of Senior Vice President responsible for the industrial unit of the railroad. Home / Texas Rail News / AMTRAK board to replace CEO: Anderson out – Flynn in. The host railroads have been obligated to give the company preference over freight trains so Amtrak can run on time, but that statute has not been enforced, he says. The interstate highway system is not going to be able to be expanded and we can't afford to expand it really,” he says.
Anderson had apparently fallen out of favor with the Amtrak board, according to sources, and had a sour relationship with some members of Congress. Food service on national network trains was downgraded under Anderson, creating a furor among many passengers. Francesca Paris and Chris Bentley produced and edited this interview for broadcast with Peter O'Dowd. Amtrak also reported a record of 32.5 million passengers for 2019 with most of the gains in ridership coming from Amtrak’s Northeast Corridor, which runs from Boston to Washington, D.C. Anderson has said he wants to prioritize urban corridors over cross-country routes, but it’s not happening as fast as he would like — nor “as fast as the country needs it,” he says. We need to maintain our current high level of operational performance while continuing to innovate for our customers, so that we can be the mode and partner of choice for our customers for the next 50 years. Flynn is the chairman and former chief executive of Atlas Air Worldwide.
All Rights Reserved. Amtrak is on track to break even on its passenger railroad service next year for the first time in the company’s nearly 50-year history. He held previous senior management positions at Sea-Land Services and CSX Transportation. Amtrak has between a $30 billion to $40 billion backlog of investments on infrastructure, Anderson says. Login to TRA Online
On Anderson’s watch plans were being readied to tear apart the Southwest Chief Chicago-Los Angeles route and replace part of the train mileage with a bus bridge through Kansas, Colorado and New Mexico. In the end, a company is only as good as its people.
“That's really a challenge for a business that sells reliability and sells saving time,” he says. Our goal with this leadership transition is simple.
TRA was formed in 2000 to educate and inform the public and private sector on the benefits of the then newly designated South Central High Speed Rail Corridor. Our company has never been stronger than it is today. Because of the complex legal structure that Amtrak operates under, Anderson says the company needs thoughtful leadership in Congress, the Department of Transportation and state governments to help plan the future of the American railroad system. We have a great team. Richard Anderson, president and chief executive, says this marks Amtrak’s best operating performance ever.
Photographer: Stephen Voss/Redux Amtrak CEO Has a Plan for Profitability, and You Won’t Like It In the next fiscal year, Anderson says the company hopes to address the challenges of operating on host railroads shared with freight trains that throw off Amtrak’s schedules. Here’s why: On behalf of our Board, I want to personally extend our gratitude to Richard Anderson for his service to Amtrak. During that time, Richard gave us a much sharper focus on safety, customer satisfaction and financial performance. The company reported $29.8 million in losses — an 83% improvement over last year, he says — and has reduced operating losses by close to $400 million over the past year. We are a stronger company today thanks to his leadership. I am excited to see what we can all do together in 2020 and beyond. Amtrak President and CEO Richard Anderson at his office in Washington. The company is also struggling with funding and design flexibility — two things it needs to introduce new services that can meet demand in high-volume areas, he says. Interstate 95 on the East Coast is now so congested that every community it passes through wants a rail stop, he says. Richard has served as CEO since July 2017. The Amtrak board is to announce this week that CEO Richard Anderson is being replaced by William Flynn, who has a background in both air and sea logistics and railroading.
Amtrak is growing significantly on routes near congested highways that connect dense urban areas like San Diego to Los Angeles and Milwaukee to Chicago. Founded in 1970, the national rail operator receives federal and state subsidies but the company is better known for losing money than turning a profit. In October when you lose 4 out of 7 trains each week on the Texas Eagle your real $ losses start piling up. Anderson had apparently fallen out of favor with the Amtrak board, according to sources, and had a sour relationship with some members of Congress. This brought out the ire of six U.S. New CEO Richard Anderson Outlines His Vision For Amtrak NPR's Robert Siegel interviews Richard Anderson, former head of Delta Airlines, who has been recruited to lead Amtrak …
We have the right plans in place to make this happen and Bill Flynn is the right executive to lead us on the next steps in our transformation journey.
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